Also, you might have heard bettors say, “I’m considering a draw-no bet for the test match between Australia and India.” Or, 

 “I’m thinking of placing a handicap bet on the upcoming ODI series between West Indies and Bangladesh.” 

This is how these terms are used in the betting industry. With our guide you can try and sound like an experienced one.

But first, let’s take a look at the Key Terms Every Bettor Should Know.

1. Basic Betting Terminology

• Bookmaker: A person, organization, or online betting site that offers odds and accepts your cricket bets. 
• Odds: A chance or likelihood of a specific outcome happening. It can be a fraction, number, or ratio. For instance, If your odds are 2/1 for every 100 INR, then you would win 200 INR if your selected team wins. 
• Moneyline: It is a type of odd that is expressed in money terms. Here’s an example- If a cricket team has odds of +150 then a 100 INR bet would win 150 INR if succeeded. 

• Spread Betting: It is one of the types of cricket bets where the result is determined by how accurate your bet is rather than who wins or loses. This bet can include predicting the number of runs a team can score. 

• In-Play Betting: Placing bets on a cricket match while the game is still in progress. The Odds in this bet continuously update as the game continues. 

• Handicap Betting: It is a type of bet where a team is given a virtual shortage/deficit (handicap) to overcome. This is done to level the playing field in matches where one team is heavily favored.  

• Futures: A bet that is placed in the current time, but the results will be known in the future, such as the winner of the league, tournament or series. 

• Accumulator: A single bet that combines multiple selections. Your selection needs to be correct to win the bet. This type of bet offers high payouts, but the risks are high due to the number of selections. 

• Parlay: Parley is also known as accumulator or combo bet. It involves multiple selections into a single bet. Your selections must have to be correct to win the bet. 

What a parlay bet can look like: Three selections, match winner + total wickets + performance of a player = A bet of 500 INR. 

• Dead Heat: A difficult situation where two opponents or competitors finish a match with the same results, also known as a tie. 

• Void Bet: When a bet is canceled because of some unexpected situations or errors in the betting process. 

2. Specific Betting Markets

• Top Batsman: Betting on which player will score the most runs for their team in a match or League.

• Top Bowler: Placing the bet on which player will take the most wickets. 

• Over/Under: Betting on whether a particular statistic (such as total runs scored or total wickets taken) will be above or below a specified number (to see if your stat is accurate to the actual stat).

• Match Betting: You bet on a specific cricket match, like India vs. Australia, RCB vs. CSk’s first IPL match or West Indies vs. England. 

• Series Betting: Betting on the outcome of a series of cricket matches between two teams.

• Draw No Bet: It is a type of bet where you get your stake back if the match is a draw. 

• Toss: When the coin is tossed at the beginning of a match, you bet on which team will get head/tails.  

3. Participants and Outcomes

• Favorite: A team that is expected to win has lower odds.
• Underdog: If a team is expected to lose, people place more bets on this team to win the match. 

Final Thoughts,

We hope these above terms can help you get better at betting and help you use these terms in your future bets. However, if you are someone looking for a cricket betting site, then you can check Silver Exchange, also known as Silverexch. Com. It is one of the best betting sites that provides really good odds, and offers some amazing benefits. 

The post Cricket Betting Glossary: Key Terms Every Bettor Should Know appeared first on Online Cricket Betting ID.

If you love to bet on sports, then there are a few things you should consider before placing your bets. You should know about these things to place a knowledgeable bet and increase your chances of winning. 

Research Reputable Sites

If you are new to betting, you need to know that there are multiple betting sites on the web, and not all of them are reliable. 

This is the first thing you need to consider before placing a bet. Spend some time researching online betting sites that are reputable and provide better odds. 

Other than this, you’d want to look for a site that offers extra betting options so you can change your bet in between the games, too. 

You can start your betting site research with some of these online betting platforms:-

• Tiger Book
• Laser247. Com
• Radhe Exchange Betting App

Check Out Their Features And Bonuses. 

When looking for a reliable betting site, always check its features and bonuses. Some sites may offer a 5 to 10% welcome bonus, but there are other platforms with a 50% bonus too. You’d want to choose the highest available bonus. 

Learn About Betting Elements. 

These are various terms and elements important in betting, but here are a few elements you can consider before placing your bets:- 

Betting Amount: The betting Amount or Betting stake is the amount you want to place on a match. 

Winning Odds: In simple terms, winning odds are the chances (probability) of winning a bet. The winning amount is calculated with Decimal Odds, Moneyline Odds, and Fractional Odds.

Learn more about Winning odds with an example- Click Here

Winning amount: The amount you’ll get after winning a bet is known as the winning amount. 

Live Betting Or Pre-Game Betting? 

Live betting is a betting option where you can place bets on live matches by predicting the winner of the match, man of the match, most runs, most wickets, etc. 

The pre-game betting option is just like its name. This bet is decided before the beginning of a match or tournament. 

Which One Is Best? 

If you have complete knowledge about a game and have a proper betting strategy, then pre-game betting is best for you. However, live betting requires your full focus when the game is running live. If you think you can predict the game, then live betting is best for you. 

How Do You Make A Successful Bet?

With the help of your game knowledge and betting experience, you can make a successful bet. The above-provided information will also help you to get better at betting.

In The End,

The above information about things to consider before placing a bet will help you get better at betting. Also, if you want to learn about cricket betting tips, then do read our blog about Top Cricket Betting Tips to Increase Your Winning Chances; these tips will help you become a better cricket bettor. 

The post Things To Consider Before Placing A Bet appeared first on Online Cricket Betting ID.

Are Gambling And Betting The Same? 

No, gambling and betting are not the same. Gambling is a much broader and bigger term that is based on luck. In Gambling, you bet on any event for any outcome. On the other hand, betting includes predictable betting, where to use your knowledge to predict and bet on cricket matches and online games. You use your knowledge about that sport to make decisions and place your bet. 

However, there is a bit of similarity between these two, and that is- 

• Putting money as a stake is common in both. 
• People are aware that they both involve risk. 
• People hope to get extra money/rewards/prizes from both of these. 

But, we can say sports betting is different from gambling. Here’s how:- 

• Gambling includes all sorts of things you can think to bet. It sometimes includes money and sometimes assets like properties, gold, and jewelry. 

• Unlike gambling, betting still includes a level of skill and knowledge about the event. For example:- sports betting may require an understanding of the key players, teams, and various factors that could affect the outcome of the bet.

Is Betting And Gambling Legal In India?

According to the Public Gambling Act of 1867,  it is strictly prohibited to engage in or operate any kind of public gambling. It will be a violation of this law if an individual or group runs gambling actions at home, in gambling parlors, or in any public place. 

How To Bet Without Violating The Act

• Do your research and find a legal betting site like Tiger Book that encourages responsible gaming. 

• Go through all the features of the sites to see what qualities they have. 

• If an online betting platform asks for additional fees/charges that were not mentioned in the beginning, leave that site immediately. 

• Avoid betting on illegal events, such as political outcomes or unregulated competitions. 

Top Reliable Betting Sites

These are some of the trusted and most well-known online betting platforms for you, so don’t get involved in illegal gambling acts. We have described these platforms and their Unique features below:- 

Tiger exchange:- It is a popular betting site that offers simple and easy-to-understand betting options. Here, you can bet on any cricket tournaments like T20 World Cup, ongoing IPL matches, test series, and much more. 

Best Known For:- Online Cricket Betting 

Site Link:- Tiger Exchange 

Silver exchange:- It is an online gaming and betting site with more than 200+ online games and live cricket betting options. If you are a new user, they will provide you with a 10% welcome bonus. 

Best Known For:- Proving luck and skill-based games. 

Site Link:- Silver Exchange 

Sky exchange:- This is another online platform offering a user-friendly interface and quick login process. Within a few minutes, you can get started and place your bet on your favorite matches and games. 

Best Known For:- Free cricket ID creation and Instant Login process. 

Site Link:- Sky Exchange

The post What Is The Difference Between Gambling And Betting?  appeared first on Online Cricket Betting ID.